新疆众和(600888) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 16.46% to CNY 4,664,871,497.04 for the first nine months compared to the same period last year[7] - Net profit attributable to shareholders decreased by 1.82% to CNY 32,922,572.46 for the first nine months compared to the same period last year[7] - The company's operating profit was reported at ¥-4,447,299.15, showing a significant improvement from ¥-26,313,536.05 in the previous year[16] - Total operating revenue for the period was CNY 1,209,923,658.81, a decrease from CNY 1,674,714,303.08 in the previous period, representing a decline of approximately 28%[30] - Total operating costs amounted to CNY 1,211,270,419.82, down from CNY 1,690,292,750.84, indicating a reduction of about 28%[30] - Net profit for the period reached CNY 12,261,372.82, up from CNY 5,921,664.41, marking an increase of approximately 107%[33] - The total operating revenue for the first nine months was CNY 2,385,458,673.70, down from CNY 2,937,013,117.31, a decrease of about 19%[35] - The company’s operating costs for the first nine months were CNY 2,107,308,052.82, down from CNY 2,668,553,257.80, indicating a reduction of approximately 21%[35] Cash Flow - The net cash flow from operating activities was negative at CNY -740,195,101.81 for the first nine months[7] - Operating cash inflow for the year-to-date period (January to September) was CNY 3,764,098,808.74, an increase of 22.7% compared to CNY 3,067,079,491.06 in the same period last year[43] - Net cash flow from operating activities was negative CNY 633,864,292.80, an improvement from negative CNY 768,355,786.39 year-over-year[43] - Total cash outflow for operating activities was CNY 4,397,963,101.54, an increase from CNY 3,835,435,277.45 year-over-year[43] - Cash received from sales of goods and services was CNY 1,822,148,687.22, down from CNY 2,287,519,376.21 in the previous year[43] - Cash paid for purchasing goods and services was CNY 1,718,973,678.36, a decrease from CNY 2,387,511,477.41 year-over-year[43] Assets and Liabilities - Total assets increased by 12.81% to CNY 10,103,860,239.76 compared to the end of the previous year[7] - Current liabilities rose to CNY 3,693,601,004.52, up from CNY 2,732,511,236.59, indicating an increase of about 35.3%[26] - Non-current liabilities totaled CNY 3,152,130,657.80, compared to CNY 2,969,435,616.59 at the start of the year, reflecting a growth of approximately 6.1%[22] - Accounts receivable increased by 62.69% from the beginning of the year, primarily due to customers slowing down payment progress according to market conditions, reaching ¥820,946,576.14[14] - Prepayments surged by 1,081.45% compared to the beginning of the year, mainly due to prepayment for raw materials and trade payments, totaling ¥1,049,981,847.09[14] - Short-term borrowings rose by 69.13% to ¥990,279,145.29, driven by the company's need for additional working capital[14] - Long-term equity investments increased by 32.92% to ¥351,738,266.03, attributed to capital increase in Xinjiang Tianchi Energy Co., Ltd.[14] Shareholder Information - The total number of shareholders reached 57,867 at the end of the reporting period[10] - The largest shareholder, TBEA Co., Ltd., holds 28.14% of the shares[10] Government Support and Income - Government subsidies recognized amounted to CNY 11,174,513.25 during the reporting period[9] - The company reported a non-operating income of CNY 11,291,817.52 for the first nine months[9] - The company reported an investment income of CNY 23,189,659.60 for the first nine months of 2016, compared to CNY 16,109,815.22 in the previous year, reflecting an increase of approximately 43.8%[36] Earnings and Profitability - Basic and diluted earnings per share decreased by 1.91% to CNY 0.0513[8] - Earnings per share (EPS) for the period was CNY 0.0196, compared to CNY 0.0092 in the previous period, reflecting a growth of 113%[34] - The company reported a total profit of CNY 15,300,217.03, up from CNY 8,243,139.73, representing an increase of approximately 85%[33] - The net profit attributable to the parent company was CNY 12,580,764.98, compared to CNY 5,921,664.41 in the previous period, reflecting a growth of approximately 113%[33] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]